why did xrp get sued

Last Updated on February 15, 2023 by Paganoto

Ripple's court battle with SEC has gone 'exceedingly … – CNBC

Ripple's court battle with SEC has gone 'exceedingly … – CNBC

The SEC alleges Ripple conducted an illegal securities offering through sales of XRP, the world's sixth-biggest cryptocurrency. Ripple argues XRP should be treated as a virtual currency rather than an investment contract like a stock.Apr 14, 2022

The SEC v. Ripple Lawsuit – Where Are We Now?

The SEC v. Ripple Lawsuit – Where Are We Now?

The SEC claims Ripple was selling XRP as an unregistered security. They point to its role in funding Ripple and claim Ripple’s platform is not …

SEC Charges Ripple and Two Executives with Conducting …

SEC Charges Ripple and Two Executives with Conducting …

The complaint alleges that Ripple raised funds, beginning in 2013, through the sale of digital assets known as XRP in an unregistered securities …

The SEC vs. Ripple lawsuit: Everything you need to know

The SEC vs. Ripple lawsuit: Everything you need to know

Ripple was sued by the SEC in December 2020 for using unregistered security to raise funds. Read this article to understand the SEC vs. Ripple lawsuit.

Why Ripple's SEC lawsuit could have a lasting impact on crypto

Why Ripple's SEC lawsuit could have a lasting impact on crypto

Under the terms of a settlement, Ripple paid a $700,000 fine and tightened up its bank-transfer operations. That settlement specifically …

Why Is Ripple Being Sued? XRP SEC Lawsuit Explained

Why Is Ripple Being Sued? XRP SEC Lawsuit Explained

The official SEC complaint notes that Brad Garlinghouse and Christian Larsen have illegally financed the blockchain company by raising capital …

Judge in Ripple cryptocurrency case wants token holders' views

Judge in Ripple cryptocurrency case wants token holders' views

Ripple’s founders created XRP in 2012. The SEC sued the San Francisco-based company and its current and former chief executives in December, …

SEC Assault On Ripple Provokes Wider Debate – Forbes

SEC Assault On Ripple Provokes Wider Debate – Forbes

In December, the SEC sued Ripple and two of its top executives for seven years of distributions of the cryptocurrency XRP which the agency …

Sec Vs Ripple: Case Explained – CNBC TV18

Sec Vs Ripple: Case Explained – CNBC TV18

The future of cryptocurrencies is at the mercy of one particular lawsuit filed by the US Securities and Exchange Commission (SEC) against …

The Ripple-SEC lawsuit over XRP could drag on into 2023

The Ripple-SEC lawsuit over XRP could drag on into 2023

The protracted brawl over whether XRP is a security could drag on into 2023. But the company and crypto advocates see increasingly optimistic …